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The European Union Aviation Safety Agency (EASA) has unveiled its inaugural regulatory proposal on artificial intelligence (AI) in aviation, initiating a three-month consultation period aimed at enhancing AI trustworthiness in line with the EU AI Act. The proposal outlines guidance on AI assurance, human factors, and ethics, addressing data-driven AI systems and setting the stage for future applications involving AI assistance and human-AI collaboration. Meanwhile, Airbus is significantly increasing production across its civil aircraft programs, targeting an output of 75 A320 family aircraft per month by 2027, marking a record high for civil aerospace. This ambitious 'rate 75' initiative is driven by strong demand for the A321neo, which constitutes two-thirds of the A320 family order book. In the LNG sector, Mitsui OSK Lines (MOL) continues to dominate, operating 107 LNG carriers as of March 2025, solidifying its position as the largest player in global LNG transport capacity. 
Published: Nov 17 2025, 6 ameznews.inAir-conditioner manufacturers are bracing for a sales rebound as they anticipate the benefits of a reduced Goods and Services Tax (GST) from 28% to 18% to take effect in early 2026, coinciding with hopes for a hotter summer. Despite a temporary surge in sales following the GST reduction, demand has since waned, particularly after the festive season, leading to increased inventory levels. Blue Star's Managing Director, B. Thiagarajan, noted that current inventory stands at 65 days of sales, significantly higher than the ideal 45 days. Voltas' CFO, KV Sridhar, echoed this sentiment, highlighting the need for inventory liquidation as the industry prepares for the upcoming season and a new energy efficiency transition in January 2026. Companies are optimistic that retail momentum will improve in the current quarter, allowing for a healthier cash cycle and inventory levels as they navigate the lean season.
Published: Nov 17 2025, 10 ameznews.inIn a landmark move to bolster India's energy security, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced on Monday that Indian public sector oil companies have signed a one-year agreement to import liquefied petroleum gas (LPG) from the United States. This historic deal, which involves the import of approximately 2.2 million tonnes per annum (MTPA) of LPG, represents nearly 10% of India's annual LPG imports and is the first structured long-term contract for US LPG in the Indian market. Puri emphasized the importance of diversifying LPG sourcing to ensure secure and affordable supplies for Indian households, particularly benefiting women under the Pradhan Mantri Ujjwala Yojana. Despite a significant rise in global LPG prices, the government has managed to keep consumer prices stable, absorbing over ₹40,000 crore in costs. This agreement marks a significant milestone in India's efforts to enhance its energy independence.
Published: Nov 17 2025, 10 ameznews.inThe Vizhinjam International Seaport is poised to become a significant transshipment hub for India, aiming to reclaim cargo currently handled at foreign ports such as Singapore and Dubai. An official from Adani Vizhinjam Port Pvt Ltd (AVPPL) highlighted that once the port reaches full capacity, it is expected to generate considerable consumer savings by reducing ship and navigation costs. Strategically located near key international shipping routes, the port benefits from its proximity to the east-west shipping axis, just 10 nautical miles away. Additionally, it is well-connected to the national infrastructure, with National Highway 47 only 2 km away, the rail network 12 km distant, and Trivandrum International Airport located 15 km from the site. The project is seen as a vital step in enhancing India's maritime capabilities and boosting economic growth.
Published: Nov 17 2025, 9 ameznews.inIndia's agricultural exports, which include fruits, vegetables, spices, and processed foods, predominantly rely on its ports, with over 80% of shipments transported via this route. However, inefficiencies at ports such as Visakhapatnam and JNPT hinder competitiveness, acting as a hidden export tax that diminishes value for farmers and processors. Issues like cargo contamination, inadequate cold chain facilities, and high handling charges exacerbate spoilage risks and inflate costs. To enhance its global agricultural footprint and support a $5 trillion economy, India must invest in modernizing port infrastructure, improving cold chain systems, and streamlining regulatory processes. Proposed reforms include establishing integrated processing hubs, enhancing freight transparency, and developing inland container depots. By addressing these challenges, India can bolster its agricultural export ecosystem, benefiting farmers and the economy at large.
Published: Nov 17 2025, 6 ameznews.inTIL Ltd, a Kolkata-based manufacturer of lifting and logistics equipment, is set to unveil three new safety-focused products at the upcoming Excon trade fair in Bengaluru, as part of its strategy to enhance its material handling solutions. Company President Alok Kumar Tripathi announced that the new offerings include a pick-and-carry crane, marking TIL's entry into a segment with an annual market of 14,000-15,000 units, a reintroduction of an 85-tonne truck crane, and an innovative empty container handler designed for unpaved surfaces. TIL aims to regain its former market share in the truck crane segment, which has dwindled to 5% due to increased competition. The company is also strengthening partnerships with global leaders like Hyster-Yale and Manitowoc, while enhancing its aftermarket support and positioning itself as a comprehensive solutions provider through IoT and AI technologies. TIL serves a diverse clientele, including port operators and major infrastructure firms.
Published: Nov 17 2025, 6 ameznews.inCochin Shipyard Ltd (CSL) is poised to enhance its revenue streams with the introduction of a new dry dock and the International Ship Repair Facility, as India seeks to bolster its shipping industry amid heavy reliance on foreign vessels. Chairman Madhu S Nair highlighted the $85 billion shipping requirement, with 85% of cargo currently transported by foreign ships, posing risks to the economy during global disruptions. The Indian government has launched a ₹70,000 crore initiative to elevate domestic shipbuilding, aiming for a top 10 global ranking by 2030. Recent orders from public sector oil and gas companies, including 59 shipbuilding contracts worth ₹47,800 crore, signal a positive shift. CSL anticipates doubling its turnover to ₹11,000-12,000 crore in the next five to six years, driven by new orders and government support, while a new block fabrication facility in Kochi will expedite ship construction.
Published: Nov 17 2025, 6 ameznews.inThe Indian government is poised to extend support for small cars under the forthcoming Corporate Average Fuel Efficiency (CAFE III) norms, amid concerns that stringent targets could drive manufacturers away from this segment. Officials argue that many two-wheeler users cannot afford to upgrade to larger vehicles or electric cars, highlighting the importance of affordable entry-level options. The proposed relief includes a marginal 3 g/km carbon-dioxide deduction for petrol vehicles meeting small-car criteria, though this has faced opposition from larger car manufacturers. The Society of Indian Automobile Manufacturers (SIAM) has submitted feedback, advocating for a combined carbon-credit mechanism over five years rather than strict annual targets. The industry remains divided, with small-car manufacturers supporting the provisions while larger vehicle producers prefer weight-based relaxations. The revised CAFE III standards are set to take effect from April 2027, aiming to balance environmental goals with market realities.
Published: Nov 16 2025, 10 pmeznews.inThe quick-service restaurant (QSR) industry in India experienced a mixed performance in the September quarter, with some companies reporting strong same-store sales growth while others struggled due to weak dine-in recovery, margin pressures, and declining urban demand. Jubilant FoodWorks stood out with a 9.1% year-on-year growth for Domino’s India, primarily driven by its delivery channel. However, overall trends were subdued, with the pizza category seeing a 1.5% decline in same-store sales growth, and other segments like fried chicken facing negative growth. Experts, including Karan Taurani from Elara Capital, noted that despite a global recovery in QSRs, Indian brands lagged due to various challenges. Management from Sapphire Foods highlighted the impact of competitive intensity and constrained consumer spending, while Restaurant Brands Asia's CEO expressed optimism for future growth, citing government GST cuts as a potential boost for consumer discretionary spending.
Published: Nov 16 2025, 8 pmeznews.inFarmer leader Rampal Jat has called on the Indian government to implement a Maize Control Order, which would mandate ethanol distilleries to purchase maize from farmers at the minimum support price (MSP). Speaking in New Delhi, Jat highlighted that current market prices for maize are significantly lower than the MSP of ₹2,400 per quintal, with farmers often receiving as little as ₹1,100 per quintal. He criticized the government for prioritizing distilleries over farmers, despite promises made in 2014 to enhance farmers' incomes through increased ethanol blending. Jat noted that while the target for 20% ethanol blending was achieved ahead of schedule in 2025, no similar target has been set for ensuring MSP for maize. He also pointed to a recent decline in maize prices linked to potential imports from the US, arguing that farmers lack the protections afforded to sugarcane producers under the Essential Commodities Act.
Published: Nov 16 2025, 9 pm
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